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Old 09-22-2006, 06:56 AM   #28
Innomare
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Join Date: Dec 2004
Location: The Netherlands
Posts: 123
I believe it can work

- on a new vessel, to be sold after 5 years with resale price divided over the owners. Keep it longer and the maintenance debates get started.
- a very detailed agreement between the owners (times predetermined with swapping allowed; are owners allowed to charter out their times, etc.)
- it doesn't make sense to have two boats (one in the med, one in the caribbean), as each of them (and their crew) will be unused for half of the year. Ship it with dockwise or comparable.
- Have a few days to a week between each time-share period, so the crew can properly prepare the boat (and transfer it if needed).
- I don't think it makes sense to have this with more than 2-4 owners. People want to be on their boat at Christmas, Easter and in July. If you have 8-10 owners, they can wait years before they finally get their boat at the right time.
- central management deciding over crew issues, maintenance, even sailing area. The owners perhaps shouldn't even know each other. They should have the illusion that they are the only owner.
- for the design, I think a more "conservative" styling has more chance to succeed, unless you take a proven popular boat like a Wallypower for example. A Feadship F45 could be a good candidate, as it's likely to retain its value pretty well. Or a Heesen 3700 series or 4400 series.

and...

you need a good chef!

If owners know exactly when and where they will be able to use the boat and how much it will cost them (no hidden extra's), there could be a market for it.

But I agree with Lars that most clients in this class would prefer their own (smaller) boat, with their own paintings on the wall and their own private bed and bathroom. They wouldn't rent out their houses either, for exactly the same reasons.


Bruno
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